Public Profile

WeBank Co., Ltd.

WeBank Co., Ltd., a pioneering digital bank headquartered in China, stands at the forefront of the fintech industry. Founded in 2014, WeBank has rapidly established itself as a leader in online banking, primarily serving the Greater China region. The company focuses on providing innovative financial services, including personal loans, wealth management, and small business financing, leveraging advanced technologies such as artificial intelligence and big data. WeBank's unique approach to banking combines a customer-centric model with cutting-edge digital solutions, setting it apart from traditional financial institutions. As a wholly-owned subsidiary of Tencent, WeBank has achieved significant milestones, including being the first digital-only bank in China. Its commitment to financial inclusion and technological innovation has solidified its position as a key player in the evolving landscape of digital finance.

DitchCarbon Score

How does WeBank Co., Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

20

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

26

Industry Benchmark

WeBank Co., Ltd.'s score of 20 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

26%

WeBank Co., Ltd.'s reported carbon emissions

WeBank Co., Ltd., headquartered in China, currently does not have publicly available carbon emissions data or specific reduction targets. As a leading financial technology company, WeBank is expected to align with industry standards for climate commitments, although no explicit initiatives or pledges have been disclosed. The absence of emissions data suggests that WeBank may still be in the early stages of formalising its climate strategy. As the global focus on sustainability intensifies, it is anticipated that WeBank will develop and communicate its carbon reduction goals in the future to enhance its environmental responsibility and transparency.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. WeBank Co., Ltd.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. WeBank Co., Ltd. is headquartered in CN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

WeBank Co., Ltd. is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers